Required information Problem 16-4A Weighted average: Process cost summary, equivalent units, cost estimates LO C2, C3, P4 [The following information applies to the questions displayed below) Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 24.000 units of product to finished goods inventory. Its 5,500 units of beginning work in process consisted of $17400 of direct materials and $334 440 of conversion costs, it has 3.650 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end During the month $646,200 of direct material costs and $2.088,360 of conversion costs were charged to production Total costs to account for ces $ Costs of beginning work in process Costs incurred this period Total costs to account for: Total costs accounted for 351,840 2,734,560 3,086,400 $ $ $ 0 Difference due to rounding cost/unit Unit reconciliation: Units to account for: Units started this period Total units to account for Total units accounted for: Units completed and transferred out Ending work in process - units Total units accounted for Journal entry worksheet